The true investment objective of growth is not just to make gains but to avoid loss.

Fisher, Philip A.. Common Stocks and Uncommon Profits and Other Writings: 40 (Wiley Investment Classics) (p. 196). Wiley. Kindle Edition.

But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.

The Intelligent Investor, Rev. Ed (p. 219). HarperCollins e-books. Kindle Edition.

The faster you run, the behinder you get

The intelligent investor should conclude that IPO does not stand only for “initial public offering.” More accurately, it is also shorthand for:

– It’s Probably Overpriced
– Imaginary Profits Only
– Insiders’ Private Opportunity or
– Idiotic, Preposterous, and Outrageous.

The Intelligent Investor, Rev. Ed (p. 154). HarperCollins e-books. Kindle Edition.

A long-term investor is the only kind of investor there is

Don’t just do something, stand there. It’s time for everyone to acknowledge that the term “long-term investor” is redundant. A long-term investor is the only kind of investor there is. Someone who can’t hold on to stocks for more than a few months at a time is doomed to end up not as a victor but as a victim.

The Intelligent Investor, Rev. Ed (p. 150). HarperCollins e-books. Kindle Edition.

Life’s a ride

This is a reminder for myself, Life’s a ride, enjoy it, fall in love with it.

But the truth is far less interesting than any of these explanations. The truth is, I thought I wanted something, but it turns out I didn’t. End of story.

I wanted the reward and not the struggle. I wanted the result and not the process. I was in love with not the fight but only the victory.

And life doesn’t work that way.

Who you are is defined by what you’re willing to struggle for. People who enjoy the struggles of a gym are the ones who run triathlons and have chiseled abs and can bench-press a small house. People who enjoy long workweeks and the politics of the corporate ladder are the ones who fly to the top of it. People who enjoy the stresses and uncertainties of the starving artist lifestyle are ultimately the ones who live it and make it.

The subtle art of not giving a f*ck

You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.

Steve Jobs